Common use of Return and Cancellation of Notes Clause in Contracts

Return and Cancellation of Notes. As soon as reasonably practicable after the Closing Date, the Banks under the Prior Credit Agreement will promptly return to the Borrowers, marked "Substituted" or "Cancelled", as the case may be, any notes of the Borrowers held by the Banks pursuant to the Prior Credit Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (TRC Companies Inc /De/)

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Return and Cancellation of Notes. As soon as reasonably practicable after the Closing Date, the Banks under the Prior Credit Agreement Bank will promptly return to the Borrowers, marked "Substituted" or "Cancelled", as the case may be, any notes of the Borrowers held by the Banks Bank pursuant to the Prior Existing Credit Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (TRC Companies Inc /De/)

Return and Cancellation of Notes. As soon as reasonably practicable after its receipt of its Notes hereunder on the Closing Date, the Banks under the Prior Credit Agreement will promptly return to the BorrowersBorrower, marked "Substituted" or "Cancelled", Canceled," as the case may be, any promissory notes of the Borrowers Borrower held by the Banks pursuant to the Prior Original Credit Agreement.

Appears in 1 contract

Samples: Credit and Gold Consignment Agreement (Whitehall Jewellers Inc)

Return and Cancellation of Notes. As soon as reasonably practicable after its receipt of its Notes hereunder on the Closing Restatement Date, the Banks under the Prior Credit Agreement each Bank will promptly return to the Borrowers, marked "Substituted" or "Cancelled", as the case may be, any promissory notes of the Borrowers held by the Banks such Bank pursuant to the Prior Credit Original Loan Agreement.

Appears in 1 contract

Samples: Stock Pledge Agreement (Metallurg Inc)

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Return and Cancellation of Notes. As soon as reasonably practicable -------------------------------- after its receipt of its Revolving Credit Note and Term Notes hereunder on the Closing Date, the Banks under the Prior Credit Agreement will promptly return to the BorrowersBorrower, marked "Substituted" or "Cancelled", " as the case may be, any notes of the Borrowers Borrower held by the Banks pursuant to the Prior Original Credit Agreement.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Petro Stopping Centers L P)

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